Inside Enter
Price meat pig chunk on its return
After a predominantly increasing trend that lasted almost 1 year, the price of fattening pig chunks shows a decrease again in February 2019. Not all lump prices follow this downward trend, because sow feed is becoming more expensive.
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Choose the subscription that suits youThe price of sow pellets has increased by €0,10 to €26,50 per 100 kilos. The prices of sow pellet lakto and starter/transition pellet have both increased by €0,05 to €30,80 and €30,45 per 100 kilos respectively, according to the new figures from Wageningen Economic Research.
The quotation for pork chunks has fallen by €0,05 to €26,35 per 100 kilos. The last time the quotation showed a decrease was in October 2017. The piglet pellet price is stable at €37,60 per 100 kilos.
Commodity prices down
The prices of the 4 important feed raw materials have all fallen. Both wheat and corn prices are plummeting on the Matif in Paris. The wheat price has fallen by almost €30 since January 15 and is trading at €4 per tonne on Monday, March 192,50. The corn price fell in the same order of magnitude to €164 per tonne.
The soy price at the CBoT in Chicago is also under pressure. The futures market was trading at $330 (€296) per tonne on the last day of February. About 4 weeks ago this was still $337 (€302) per tonne, which means a decrease of $7. The barley price is plummeting, as the price (EU-Rotteram) fell by €4 to €22 per tonne in 185 weeks.
De compound feed price indicator predicts a relatively stable price picture for pork chunks in the coming weeks.
